TSE:KBL

34.00
0.36 (1.07%) 1d
0
Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

K-Bro Linen Inc, KBL-T, is a stable, well-run business with a strong focus on free cash flow. The company has faced challenges due to European gas prices, especially in the UK where they operate, which raised their expenses. Despite this, the company's move into healthcare and the addition of capacity bode well for potential dividends and buybacks. Overall, experts have a positive view on the company's management and its ability to generate cash flow.

Consensus
Positive
Valuation
Fair Value
BUY
K-Bro Linen Inc

Likes the managers whom he recently met. Last year was crazy because of European gas prices, especially in the UK where they operate raised their expenses. They're in a stable business and are well-run. Lots of free cash flow that could lead to buybacks and/or dividends. He added on dip earlier this year. KBL is adding capacity that could raise the dividend.

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PAST TOP PICK
K-Bro Linen Inc
(A Top Pick Mar 24/22, Down 8%)

Their business has moved more into healthcare. Last year was hit by extreme gas price movements in the UK. He thought they were protected from inflation when he bought it, though. A stable, underknown business that cranks out cash flow. Likes management.

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BUY
K-Bro Linen Inc
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Hospitality segment most impacted by COVID. New facilities to help bid for larger volumes. Decent recovery last quarter; outlook uncertain. Current valuation not overly attractive.
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BUY
K-Bro Linen Inc
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Dividend yield of 4.0%. Stable industry growth and good annual recurring revenues. Geographic diversification across Canada and the UK. Opportunity for future acquisitions.
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BUY
K-Bro Linen Inc

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Dividend yield of 4.0% Stable industry growth and good annual recurring revenues. Geographic diversification across Canada and the UK. Opportunity for future acquisitions. Unlock Premium - Try 5i Free

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BUY
K-Bro Linen Inc
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Recovery in hospitality segment. New 11-year agreement with Alberta. Valuations cheaper than historic.
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TOP PICK
K-Bro Linen Inc
Industrials beaten up. Soft quarter has put shares off about 10%. Safe haven in worrying times, extremely well run, inflation pass-through. Not going anywhere, clean balance sheet. Yield is 3.82%. (Analysts’ price target is $44.56)
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TOP PICK
K-Bro Linen Inc
Just bought it. Well-run. They do laundry for hotels and hospitals. They lost the latter during the early days of Covid, but the latter they recouped and it's contracted long-term with inflation protection. He likes this medium/long-term. A small company,so it can be a takeover candidate. Pays a 3.5% dividend. Stable. (Analysts’ price target is $51.79)
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HOLD
K-Bro Linen Inc

The balance sheet is in good shape. They have been building new plants in Toronto and Vancouver and developing new markets in the UK. There is about 1.4 times debt to EBIDA, so there are no concerns.

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PAST TOP PICK
K-Bro Linen Inc

(A Top Pick Jun. 26/17, Down 3%) They have been investing heavily in new plant and equipment. This is a great entry point. They are lowering their costs. They have 30% of the Canadian market and the next biggest player is very weak. There are one time start up costs. This is when you want to invest in these kinds of companies. This is a great entry point and he added to his position recently. You get a great dividend while you wait for higher margins.

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COMMENT
K-Bro Linen Inc

There is a lot of weird trading at year-end. You have portfolio managers changing, Short covering, sector reallocation and tax loss selling. He would bet this company’s problem is year-end positioning. A nice solid company. Wouldn't put it in the high growth category. If markets are going to go on a tear, this will underperform. If the market does go down, you are going to be glad you owned it. They sign 10-year facility contracts with their customers.

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COMMENT
K-Bro Linen Inc

This has been moving up significantly. Doesn't know if they have new contracts, but over the last few years, they’ve gained a lot of market share in the markets they are in. A smaller company, but extremely well-managed.

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COMMENT
K-Bro Linen Inc

Chart shows this has come back to the base of about $40, which was a break out in 2014. If it can get above the last trend line, that would be pretty positive.

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HOLD
K-Bro Linen Inc

This is a boring stock. They wash linins for hospitals and industrial. They have long term contracts and definitely are a safety company. It will not get killed to badly with interest rates.

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HOLD
K-Bro Linen Inc

A very steady business. Just built a new plant in Toronto. There is a potential for them to make an acquisition or to build a plant in Vancouver. His concern is that when they have built plants in the past, it’s taken time to fill the capacity of them. He is cautious. On top of that it has always been pricey as a stock. Hard to see where the upside is in terms of valuation. Dividend yield of 3.1%.

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Showing 1 to 15 of 54 entries

K-Bro Linen Inc(KBL-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for K-Bro Linen Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

K-Bro Linen Inc(KBL-T) Frequently Asked Questions

What is K-Bro Linen Inc stock symbol?

K-Bro Linen Inc is a Canadian stock, trading under the symbol KBL-T on the Toronto Stock Exchange (KBL-CT). It is usually referred to as TSX:KBL or KBL-T

Is K-Bro Linen Inc a buy or a sell?

In the last year, 2 stock analysts published opinions about KBL-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for K-Bro Linen Inc.

Is K-Bro Linen Inc a good investment or a top pick?

K-Bro Linen Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for K-Bro Linen Inc.

Why is K-Bro Linen Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is K-Bro Linen Inc worth watching?

2 stock analysts on Stockchase covered K-Bro Linen Inc In the last year. It is a trending stock that is worth watching.

What is K-Bro Linen Inc stock price?

On 2024-02-29, K-Bro Linen Inc (KBL-T) stock closed at a price of $34.